Job prospects Credit Officer in Ontario

Explore current and future job prospects for people working as a "credit officer" in Ontario or across Canada.

Job opportunities in Ontario

These outlooks were updated on December 11, 2024.

Prospects over the next 3 years

The employment outlook will be moderate for Financial sales representatives (NOC 63102) in Ontario for the 2024-2026 period.

The following factors contributed to this outlook:

• Employment growth will lead to a moderate number of new positions.
• Not many positions will become available due to retirements.
• There are a small number of unemployed workers with recent experience in this occupation.

Here are some key facts about Financial sales representatives in Ontario:

• Approximately 34,250 people work in this occupation.
• Financial sales representatives mainly work in the following sectors:
  • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 90%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 92% compared to 81% for all occupations
  • Part-time workers: 8% compared to 19% for all occupations
• 78% of financial sales representatives work all year, while 22% work only part of the year, compared to 63% and 37% respectively among all occupations. Those who worked only part of the year did so for an average of 46 weeks compared to 43 weeks for all occupations.
• 13% of financial sales representatives are self-employed compared to an average of 15% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 42% compared to 52% for all occupations
  • Women: 57% compared to 48% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: less than 5% compared to 9% for all occupations
  • high school diploma or equivalent: 20% compared to 25% for all occupations
  • apprenticeship or trades certificate or diploma: less than 5% compared to 8% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 22% compared to 22% for all occupations
  • bachelor's degree: 37% compared to 24% for all occupations
  • university certificate, degree or diploma above bachelor level: 15% compared to 13% for all occupations

Breakdown by region

Explore job prospects in Ontario by economic region.

Source Labour Market Information | Prospects Methodology

Job prospects elsewhere in Canada

Explore current and future job prospects for people working as a "credit officer" Financial sales representatives (NOC 63102) or across Canada.

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